SECTION-A Answer any FIVE questions. 2 Marks each. 5 X 2 10
1. State the kinds of accounts along with rules for passing Journal entries.
2. Why the balance sheet is prepared’?
3. Why trial balance is prepared?
4. What do you mean by the term ‘Goods’?
5. What two sentences on dual aspect concept.
6. Who is consignor4?
7. What is Trade discount?
8. What is Ledger book?SECTION B Answer any THREE qucstionS. 10 Marks each. 3 X 10 30
9. Write the diftcrcncc between consignment and joint venture.
10. Write a detail note on subsiiHary hooks.